Ehrlich Financial Group Takes $181,000 Position in First Trust Preferred Securities and Income ETF (NYSEARCA:FPE)

Ehrlich Financial Group bought a new position in shares of First Trust Preferred Securities and Income ETF (NYSEARCA:FPE) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,253 shares of the company’s stock, valued at approximately $181,000.

Several other large investors also recently modified their holdings of FPE. Ameliora Wealth Management Ltd. boosted its holdings in shares of First Trust Preferred Securities and Income ETF by 93.1% in the third quarter. Ameliora Wealth Management Ltd. now owns 1,431 shares of the company’s stock valued at $26,000 after buying an additional 690 shares during the period. Mattson Financial Services LLC acquired a new position in shares of First Trust Preferred Securities and Income ETF during the second quarter worth about $46,000. ORG Partners LLC grew its holdings in shares of First Trust Preferred Securities and Income ETF by 1,655.6% during the fourth quarter. ORG Partners LLC now owns 2,651 shares of the company’s stock worth $47,000 after buying an additional 2,500 shares in the last quarter. FSC Wealth Advisors LLC raised its position in First Trust Preferred Securities and Income ETF by 75.9% in the 3rd quarter. FSC Wealth Advisors LLC now owns 3,820 shares of the company’s stock valued at $69,000 after buying an additional 1,648 shares during the last quarter. Finally, Matrix Trust Co bought a new stake in First Trust Preferred Securities and Income ETF in the 3rd quarter valued at approximately $173,000.

First Trust Preferred Securities and Income ETF Price Performance

Shares of NYSEARCA FPE traded down $0.06 during midday trading on Monday, reaching $17.53. The company’s stock had a trading volume of 1,565,221 shares, compared to its average volume of 1,878,903. The stock has a 50 day simple moving average of $17.86 and a 200-day simple moving average of $17.83. First Trust Preferred Securities and Income ETF has a fifty-two week low of $16.82 and a fifty-two week high of $18.23.

First Trust Preferred Securities and Income ETF Company Profile

The First Trust Preferred Securities and Income ETF (FPE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum.